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Canada leads World Bank blacklist of fraudulent companies thanks to SNC-Lavalin


Canada leads the world in companies and individuals that have been banned by the World Bank from contributing to international aid and infrastructure projects.

Of the 608 companies and individuals listed on the World Bank’s just-released blacklist for fraudulent or corrupt conduct, 119 are Canadian companies. But engineering firm SNC-Lavalin and its subsidiaries, many of which are registered outside Canada, comprise 16 per cent of the total.

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